Topic: Criminals and Bitcoin - page 60. (Read 4498 times)
I believe bitcoin have nothing to do with criminals.Criminality and illegal trade should be distinguished from bitcoins.I think those illegal transaction are one of the reasons some governments and the media are trying to depreciate bitcoin.
I have seen some news regarding hackers, terrorists, and other criminals using bitcoin for illegal trades.
How the police can find about these transactions?
Even if is hard to track illegal transactions, I don't think that Bitcoin can be a danger to society, since the problem is the society and its people.
Since the beginning of the internet this is happening ( the bad people committing crimes) and no one is willing to shutdown internet because of that, so in that matters Bitcoin should be equivalent. I think those illegal transaction are one of the reasons some governments and the media are trying to depreciate bitcoin, but the problem is not Crypto/blockchain or Bitcoin, is just the society.
before internet,illegal activities are there,before bitcoin has created criminals are there to make hassled the world,so this society will exist with bad elements what ever what happens..they will do their actions in all matters just to sustain the work of their own to take advantage of the weaknesses of others and this is how they live.no one can change that How the police can find about these transactions?
Even if is hard to track illegal transactions, I don't think that Bitcoin can be a danger to society, since the problem is the society and its people.
Since the beginning of the internet this is happening ( the bad people committing crimes) and no one is willing to shutdown internet because of that, so in that matters Bitcoin should be equivalent. I think those illegal transaction are one of the reasons some governments and the media are trying to depreciate bitcoin, but the problem is not Crypto/blockchain or Bitcoin, is just the society.
if in my opinion many criminals are hunting bitcon. because it has been tracked and we can not report to the authorities (police). my friend yesterday just lost his assets of 63 bitcon.
About criminals and bitcoin, i guess it can't be avoided that there are people trying to abuse the use of bitcoin in a different way. We all know that there are negative effect of bitcoin and of course there are may more positive way to use it. Also it would be hard to stop the criminality in bitcoin because it is a digital currency and everyone are able to access it as long as you have internet connection.
Here in our country in the Philippines, there was this recent news about this Bitcoin Scam where a group of scammers will offer you to invest money to them and then after 16 days you will get plus half of the money you invested. It was called the NewG Company headed by a certain Arnel Ordonio and his wife, Leonady. They made NewG Company and promoted Bitcoin as their form of payment to lure their victims which are mostly rich people who wants to earn double amount of money they invested. How much money did they get from scamming people? 900 Million Pesos. That is a very huge money here in the Philippines. Luckily, they were arrested and now detained in Camp Crame, Quezon City. Their investment scheme was very similar to a pyramiding scheme wherein there was an upline, or the one who asks people to invest, and a downline, the one who invests. The director said investors had the option to invest P90,000 and P160,000 per slot. For more information, just Google it and know more what I just talk about. Be vigilant and be secure about our money.
this is the most difficult thing, because the using of bitcoin depends on each individual, and that make we worry is when bitcoin is held by a criminal hand. he will use bitcoin for crime. the effect is the name of bitcoin become bad in the eyes of the world.
there is no other solution unless we must to force the world to accept bitcoin, so the world can manage bitcoin well, and also we as a bitcoin user should stop and cover FUD and also spread the benefits of bitcoin to the public.
there is no other solution unless we must to force the world to accept bitcoin, so the world can manage bitcoin well, and also we as a bitcoin user should stop and cover FUD and also spread the benefits of bitcoin to the public.
In my own opinion.
This might be one of the reasons of the government or state to implement the bitcoin freely in one country.
And due to its being decentralized it is really hard to track one transaction to another.
So people who are really in crime and have any idea of bitcoin uses it to transact fast without fear of being caught by the authority.
This might be one of the reasons of the government or state to implement the bitcoin freely in one country.
And due to its being decentralized it is really hard to track one transaction to another.
So people who are really in crime and have any idea of bitcoin uses it to transact fast without fear of being caught by the authority.
I have seen some news regarding hackers, terrorists, and other criminals using bitcoin for illegal trades.
How the police can find about these transactions?
Even if is hard to track illegal transactions, I don't think that Bitcoin can be a danger to society, since the problem is the society and its people.
Since the beginning of the internet this is happening ( the bad people committing crimes) and no one is willing to shutdown internet because of that, so in that matters Bitcoin should be equivalent. I think those illegal transaction are one of the reasons some governments and the media are trying to depreciate bitcoin, but the problem is not Crypto/blockchain or Bitcoin, is just the society.
Well, criminals have been using money and banks since their invention too, that didn't make people consider stopping their use, so why target bitcoin or crypto only. How the police can find about these transactions?
Even if is hard to track illegal transactions, I don't think that Bitcoin can be a danger to society, since the problem is the society and its people.
Since the beginning of the internet this is happening ( the bad people committing crimes) and no one is willing to shutdown internet because of that, so in that matters Bitcoin should be equivalent. I think those illegal transaction are one of the reasons some governments and the media are trying to depreciate bitcoin, but the problem is not Crypto/blockchain or Bitcoin, is just the society.
And bitcoin is not actually completely anonymous, the big companies(investigative) can actually track transactions back to their sources for sure.
in my opinion bitcoin is a free currency if bitcoin is used for criminal actions it seems that it is just a user error because it uses bitcoin for crime. but nobody can ban the use of bitcoin for anything because bitcoin is a free digital currency.
I have seen some news regarding hackers, terrorists, and other criminals using bitcoin for illegal trades.
How the police can find about these transactions?
Even if is hard to track illegal transactions, I don't think that Bitcoin can be a danger to society, since the problem is the society and its people.
Since the beginning of the internet this is happening ( the bad people committing crimes) and no one is willing to shutdown internet because of that, so in that matters Bitcoin should be equivalent. I think those illegal transaction are one of the reasons some governments and the media are trying to depreciate bitcoin, but the problem is not Crypto/blockchain or Bitcoin, is just the society.
I agree to you. Police have hired their own hackers so that they can trace the movement of the evil people. This is done in companies also because they need to defend personal assets and data from the assault of hackers. The society is really the problem here because we abuse the capabilities of everything ever invented. Even if it is built for the greater good, bad people will always find a way to use it for the greater evil. How the police can find about these transactions?
Even if is hard to track illegal transactions, I don't think that Bitcoin can be a danger to society, since the problem is the society and its people.
Since the beginning of the internet this is happening ( the bad people committing crimes) and no one is willing to shutdown internet because of that, so in that matters Bitcoin should be equivalent. I think those illegal transaction are one of the reasons some governments and the media are trying to depreciate bitcoin, but the problem is not Crypto/blockchain or Bitcoin, is just the society.
I think the crime in the misuse of bitcoin transactions is very difficult to detect early, in contrast to using other means, but at least the police can work with the bank on monitoring the flow of funds to where it will go. I think blockchain or bitcoin technology is the same as any other public facility, everyone has two possibilities in its use between good and evil. every criminal will continue to look for opportunities in narrow. at least we use trusted safeguards on accounts and assets we have from evil deeds or acts of break-ins.
Hello everyone, in Russia you can now buy drugs for crypto currency. I think it's not very good. As it is necessary to fight this
This is the link that i've gathered to according to your post though , but then again even fiat can use to some illegal transaction right , if you given a money you either bought a bread or drugs right? also the same as the cyrpto currency.
https://www.deepdotweb.com/2014/12/18/russia-emerging-black-market-bitcoin/
Stealing or criminalism would still persist.Terrorism and other illegal activities were still on record because we now associate every bad act to the advent of cryptos. I believe bitcoin have nothing to do with criminals.In the world of the Internet there's a hacker so in my country the government does not allow bitcoin.
I have seen some news regarding hackers, terrorists, and other criminals using bitcoin for illegal trades.
How the police can find about these transactions?
Even if is hard to track illegal transactions, I don't think that Bitcoin can be a danger to society, since the problem is the society and its people.
Since the beginning of the internet this is happening ( the bad people committing crimes) and no one is willing to shutdown internet because of that, so in that matters Bitcoin should be equivalent. I think those illegal transaction are one of the reasons some governments and the media are trying to depreciate bitcoin, but the problem is not Crypto/blockchain or Bitcoin, is just the society.
How the police can find about these transactions?
Even if is hard to track illegal transactions, I don't think that Bitcoin can be a danger to society, since the problem is the society and its people.
Since the beginning of the internet this is happening ( the bad people committing crimes) and no one is willing to shutdown internet because of that, so in that matters Bitcoin should be equivalent. I think those illegal transaction are one of the reasons some governments and the media are trying to depreciate bitcoin, but the problem is not Crypto/blockchain or Bitcoin, is just the society.
Yes its so difficult to ordinary police to trace the transaction of bitcoin to apprehend the criminals but my solution in this problem is upgrade the security of the world and hired a people who are the expert inters of bitcoin transaction and give them the authority to trace those people who are using bitcoin in their illegal activities in that way we can eliminate and lessen the people who use bitcoin in the illegal matters.
I have seen some news regarding hackers, terrorists, and other criminals using bitcoin for illegal trades.
How the police can find about these transactions?
Even if is hard to track illegal transactions, I don't think that Bitcoin can be a danger to society, since the problem is the society and its people.
Since the beginning of the internet this is happening ( the bad people committing crimes) and no one is willing to shutdown internet because of that, so in that matters Bitcoin should be equivalent. I think those illegal transaction are one of the reasons some governments and the media are trying to depreciate bitcoin, but the problem is not Crypto/blockchain or Bitcoin, is just the society.
In my own personal opinion, this is one of the reason why people think bitcoin is just a scam or just a way to trick people. The image of bitcoin is ruined because of this kind of people who used bitcoin for illegal activities. I hope that we could find a way to rid of them because many of us have victimized by their illegal activities. How the police can find about these transactions?
Even if is hard to track illegal transactions, I don't think that Bitcoin can be a danger to society, since the problem is the society and its people.
Since the beginning of the internet this is happening ( the bad people committing crimes) and no one is willing to shutdown internet because of that, so in that matters Bitcoin should be equivalent. I think those illegal transaction are one of the reasons some governments and the media are trying to depreciate bitcoin, but the problem is not Crypto/blockchain or Bitcoin, is just the society.
yes, bitcoin is often used as a criminal tool by some people, so I think this is something that should be considered by a country that will legalize bitcoin. meaning that if a country will legalize bitcoin, then they must make legal regulations. so it has legal consequences against criminals who use bitcoin.
and I think the blockchain system can help the law enforcement process, especially for the investigation and tracking activities of criminal transactions using bitcoin.
one of the startups serving law enforcement agencies to investigate suspicious transactions in bitcoin networks, the startup is elliptic. elliptic has a machine that can study and analyze public transactions of ledger or blockchain.
and the investigation doing by an elliptic device called "the bitcoin big bang", with that device being able to provide visualizations to track the bitcoin transactions.
and I think the blockchain system can help the law enforcement process, especially for the investigation and tracking activities of criminal transactions using bitcoin.
one of the startups serving law enforcement agencies to investigate suspicious transactions in bitcoin networks, the startup is elliptic. elliptic has a machine that can study and analyze public transactions of ledger or blockchain.
and the investigation doing by an elliptic device called "the bitcoin big bang", with that device being able to provide visualizations to track the bitcoin transactions.
I have seen some news regarding hackers, terrorists, and other criminals using bitcoin for illegal trades.
How the police can find about these transactions?
Even if is hard to track illegal transactions, I don't think that Bitcoin can be a danger to society, since the problem is the society and its people.
Since the beginning of the internet this is happening ( the bad people committing crimes) and no one is willing to shutdown internet because of that, so in that matters Bitcoin should be equivalent. I think those illegal transaction are one of the reasons some governments and the media are trying to depreciate bitcoin, but the problem is not Crypto/blockchain or Bitcoin, is just the society.
Criminals will always always find new ways of money laundering and this does not mean that everything associated with this is bad for society How the police can find about these transactions?
Even if is hard to track illegal transactions, I don't think that Bitcoin can be a danger to society, since the problem is the society and its people.
Since the beginning of the internet this is happening ( the bad people committing crimes) and no one is willing to shutdown internet because of that, so in that matters Bitcoin should be equivalent. I think those illegal transaction are one of the reasons some governments and the media are trying to depreciate bitcoin, but the problem is not Crypto/blockchain or Bitcoin, is just the society.
"Sex, Drugs and Bitcoin
Cryptocurrencies are among the largest unregulated markets in the world. Bitcoin is often called The Currency of Terrorism. However, it may be not quite true. Despite the surge in cryptocurrency usage and values in 2017, estimated holdings of criminal proceeds in crypto currency remain small in absolute value and even smaller relative to estimated criminal transactions.
Recent study by the University of Sydney and University of Technology Sydney has found that ‘approximately one-quarter of bitcoin users and one-half of bitcoin transactions are associated with illegal activity. Around $72 billion of illegal activity per year involves bitcoin, which is close to the scale of the US and European markets for illegal drugs.’ But, the researchers found the same users collectively hold just $8bn worth of Bitcoin.
Barclays analysts claim, that there is evidence that ‘dark web’ criminal activity on Bitcoin is shifting to Monero and Zcash to better mask transactions, but these two crypto currencies have total market capitalisations of just $4,1bn and $1,1bn, respectively." ALFA Rating
www.alfarating.com or https://t.me/alfarating
Cryptocurrencies are among the largest unregulated markets in the world. Bitcoin is often called The Currency of Terrorism. However, it may be not quite true. Despite the surge in cryptocurrency usage and values in 2017, estimated holdings of criminal proceeds in crypto currency remain small in absolute value and even smaller relative to estimated criminal transactions.
Recent study by the University of Sydney and University of Technology Sydney has found that ‘approximately one-quarter of bitcoin users and one-half of bitcoin transactions are associated with illegal activity. Around $72 billion of illegal activity per year involves bitcoin, which is close to the scale of the US and European markets for illegal drugs.’ But, the researchers found the same users collectively hold just $8bn worth of Bitcoin.
Barclays analysts claim, that there is evidence that ‘dark web’ criminal activity on Bitcoin is shifting to Monero and Zcash to better mask transactions, but these two crypto currencies have total market capitalisations of just $4,1bn and $1,1bn, respectively." ALFA Rating
www.alfarating.com or https://t.me/alfarating
The block chain can be used to track public keys... cause it's a public ledger. Anyway a institution needs to track the public key with a person.. is more challenging... but not impossible. best to use a zero knowledge prove coin like zchash or monero to really hide your identity.
Criminals can be seen every where, not only in bitcoin
This is the place where you can see a lot of greedy people and scammers will always be on our side but of course don't fall on that trap. Keep learning things and don't believe on easy money because for sure its a 100% scam and you money will easily be gone.
Jump to: